Shoaibi, RSS ink Saudi cooling solutions pact

Riyadh, October 18, 2008

Saudi-based Shoaibi Group and Rental Solutions & Services (RSS), a global provider of rental power and cooling, have signed a joint venture agreement to supply temporary cooling and power services within the Kingdom.

Khalid Al Shoaibi, Shoaibi Group director, said the group was committed to providing significant resources and in-depth local market knowledge in chosen industrial sectors to deliver competitive advantages to its partners and customers.

"The Shoaibi Group will be providing local market knowledge while RSS will contribute an already very successful business model and niche technical capabilities. There is a perfect synergy which will benefit Saudi Arabia’s industrial & commercial market," he commented.

Mark Jenkins, Shoaibi Group director, pointed out that Saudi Arabia’s increasing construction projects in all sectors would provide significant opportunities for this venture.

Milan Balac, RSS managing director said the Shoaibi Group had provided RSS Saudi Arabia with superb facilities and infrastructure that would ensure we can make an immediate impact in The Kingdom of Saudi Arabia.

Furthermore, The Shoaibi Group, being one of the most diversified groups in Saudi Arabia will open up several key markets for this new venture, he remarked.

Colin Cave, GM of RSS for Saudi Arabia, said the company could now provide excellent products and services within the Kingdom.

"Not only can we offer the full range of rental cooling equipment, and generators, but we can further support our wide and diverse customer base due to The Shoaibi Group’s presence in major cities, which include Dammam, Jeddah, Al Khobar, Riyadh, Madinah, Makkah, Jubail & Yanbu," Dave added.-TradeArabia News Service